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Tag "Force Majeure"

ExxonMobil declares force majeure on oil lifting over workers’ industrial action

    ExxonMobil declares force majeure on oil lifting over workers’ industrial action

ExxonMobil has declared a force majeure on oil liftings from several terminals in Nigeria following industrial action by the company’s in-house workers union.  Force majeure is a clause that allows

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After 12 months of hiatus, Shell resumes oil exports from Bonny terminal

    After 12 months of hiatus, Shell resumes oil exports from Bonny terminal

The Shell Petroleum Development Company of Nigeria Limited (SPDC) says it has resumed oil exportation from the Bonny crude oil export terminal. SPDC, in a statement issued on Wednesday by

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Report: Shell to complete repairs on Forcados terminal this month

    Report: Shell to complete repairs on Forcados terminal this month

Nigeria’s revenue is expected to increase over the restoration of the Forcados oil export terminal in late September, Bloomberg reports. A spokesperson for Shell Plc, which operates Forcados, told Bloomberg that repairs

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Eni ramps up production, lifts force majeure on gas exports feed to NLNG 

    Eni ramps up production, lifts force majeure on gas exports feed to NLNG 

Eni, the parent company of Nigerian Agip Oil Company (NAOC), says it has lifted a force majeure on gas export feed to Nigerian Liquefied Natural Gas (NLNG).  Force majeure is

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Eni completes repairs, to lift force majeure on Brass terminal this week

  Eni completes repairs, to lift force majeure on Brass terminal this week

Eni, the parent company of Nigerian Agip Oil Company (NAOC), says it will lift force majeure on expected oil output

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Nigeria’s oil output to drop by 25,000bpd as Eni declares force majeure

  Nigeria’s oil output to drop by 25,000bpd as Eni declares force majeure

Eni, the parent company of Nigerian Agip Oil Company (NAOC), has declared a force majeure on anticipated oil output at

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Oil exports to drop as Shell declares force majeure on Nigerian Forcados crude

  Oil exports to drop as Shell declares force majeure on Nigerian Forcados crude

Shell Petroleum Development Company of Nigeria (SPDC) says it has declared force majeure on exports of Nigerian Forcados crude oil

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ExxonMobil declares force majeure on Qua Iboe terminal

  ExxonMobil declares force majeure on Qua Iboe terminal

ExxonMobil has issued a force majeure on Qua Iboe Terminal (QIT) after one of its supervisor allegedly died in a

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Six DisCos declare force majeure over CBN policy on revenue collection

  Six DisCos declare force majeure over CBN policy on revenue collection

Six electricity distribution companies (DisCos) have filed for force majeure over a decision by the Central Bank of Nigeria (CBN)

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Report: Oil thieves stealing 100,000 barrels daily

Oil theft has replaced the activities of militants, costing the nation trillions of naira, according to a report by Bloomberg.  

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